avalon house, north street,, nailsea, bristol, north somerset

£110,000

Description

No 37 is a great example of these popular, purpose built studio flats, ideal for first time buyers and investors alike, generating an income of approx £550 pcm. The property is well maintained throughout and boasts; gas central heating, a fitted kitchen with appliances included and fully tiled shower Room. Ideally situated close to countryside and local bus links, the layout comprises: Entrance Hall, Shower Room, Bedroom/Sitting Room, Kitchen and Loft Storage Area. Outside are communal gardens and a allocated parking space. EPC rating C.

Outside

Each apartment has an allocated parking space with plenty of additional visitor parking. The communal garden areas are available to all residents and maintained by the management company.

Management Charges

The monthly ground rent and management charges combined are £46.00 per month and cover buildings insurance, and maintenance of the building exterior and communal area. Built in 1985 with 125 year lease, the balance of 90 years is remaining.